Dividend Update – February
Two months are already completed for this year. Wow, how time files. February is usually a slow month for the dividend community, myself included. There were only a few exciting things going on. One, KO raised its dividend so I should see those results come April. Two, while I did not make any new buys this month, I did manage to save up and pay off my next semester of school. It doesn’t help out my portfolio, but it does keep me honest to my goals of managing debt and not taking any more on.
All dividends have been accounted for in February and it’s time to review the results. Details are below:
T – $22.46
NNN – $12.92
GIS – $7.68
These dividends add up to $43.06 for this month. Unfortunately, is a 30.5% decrease from last year where I made $61.92 in dividends in February. Sadly, this is the first month I have had to report a loss from the prior year, but there are reasons behind the numbers.
I was on track to hit my month high but HCP decided to move their ex-dividend date back one week, which caused their payment date to be moved into the next month. So I didn’t necessarily have a loss this month, rather the passive income just got pushed back. This will play a big role in my March dividends as I am already expecting to have a HUGE increase over the prior year. Keep posted for those results.
Lastly, even though this year seems to have started out slow, let’s compare it to the prior years. In two months of 2017, I have already surpassed my entire year of dividends collected from 2015. And combining January and February together, there is still a positive YoY% gain over the first two months of 2016. That just goes to show you, the dividend snowball is forming and is in full effect.
How did your portfolio do this month? Did anyone hit a high even on a slow month? Your comments are welcome below.